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In the City of Monash, 21% of households earned an income of $2,500 or more per week in 2011.

Households form the common 'economic unit' in our society. The City of Monash's Household Income is one of the most important indicators of socio-economic status. With other data sources, such as Qualifications and Occupation, it helps to reveal the economic opportunities and socio-economic status of the City of Monash. It is important to note that income data is not necessarily a measure of wealth. For example, if an area has a large number of retirees this will produce a higher proportion of households with low income but the retirees may have large capital wealth. For this reason, household income should be viewed in conjunction with Age and Household Composition.

The incomes presented on this page are for the latest Census year only. For comparison of incomes over time, go to Household Income Quartiles.

Derived from the Census question:

'What is the total of all wages/salaries, government benefits, pensions, allowances and other income the person usually receives?'

Households

Weekly household income
City of Monash2011
Weekly incomeNumber%Greater Melbourne %
Negative Income/Nil Income1,5622.61.7
$1-$1991,1001.81.6
$200-$2991,2782.12.4
$300-$3993,0805.15.3
$400-$5995,2058.78.1
$600-$7994,6037.77.7
$800-$9994,4267.47.5
$1000-$12494,4457.48.0
$1250-$14994,2017.07.4
$1500-$19996,54710.911.7
$2000-$24994,9298.28.6
$2500-$29995,1198.68.4
$3000-$34993,2365.44.9
$3500-$39991,5462.62.4
$4000-$49991,3632.32.0
$5000 or more1,0391.71.8
Not stated6,15310.310.6

Source: Australian Bureau of Statistics, Census of Population and Housing 2011. Compiled and presented in profile.id by .id , the population experts.

Weekly household income, 2011
Weekly household income, 2011 $5000 or more, Greater Melbourne: 1.8% $4000-$4999, Greater Melbourne: 2.0% $3500-$3999, Greater Melbourne: 2.4% $3000-$3499, Greater Melbourne: 4.9% $2500-$2999, Greater Melbourne: 8.4% $2000-$2499, Greater Melbourne: 8.6% $1500-$1999, Greater Melbourne: 11.7% $1250-$1499, Greater Melbourne: 7.4% $1000-$1249, Greater Melbourne: 8.0% $800-$999, Greater Melbourne: 7.5% $600-$799, Greater Melbourne: 7.7% $400-$599, Greater Melbourne: 8.1% $300-$399, Greater Melbourne: 5.3% $200-$299, Greater Melbourne: 2.4% $1-$199, Greater Melbourne: 1.6% Negative Income/Nil Income, Greater Melbourne: 1.7% $5000 or more, City of Monash: 1.7% $4000-$4999, City of Monash: 2.3% $3500-$3999, City of Monash: 2.6% $3000-$3499, City of Monash: 5.4% $2500-$2999, City of Monash: 8.6% $2000-$2499, City of Monash: 8.2% $1500-$1999, City of Monash: 10.9% $1250-$1499, City of Monash: 7.0% $1000-$1249, City of Monash: 7.4% $800-$999, City of Monash: 7.4% $600-$799, City of Monash: 7.7% $400-$599, City of Monash: 8.7% $300-$399, City of Monash: 5.1% $200-$299, City of Monash: 2.1% $1-$199, City of Monash: 1.8% Negative Income/Nil Income, City of Monash: 2.6%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.

Dominant groups

Analysis of household income levels in the City of Monash in 2011 compared to Greater Melbourne shows that there was a larger proportion of high income households (those earning $2,500 per week or more) and a higher proportion of low income households (those earning less than $600 per week).

Overall, 20.6% of the households earned a high income and 20.4% were low income households, compared with 19.4% and 19.2% respectively for Greater Melbourne.

There were no major differences between City of Monash and Greater Melbourne in 2011.